TRENDS & TAIL RISKS™

A monthly publication dedicated to the principle that deeper and broader knowledge drives superior investment results

Trumpnomics on International Trade: The Times They Are a Changing

By Lewis Johnson - Chief Conclusion Do not underestimate the determination of the incoming Trump Administration to overturn the established norms of international trade. Don’t be surprised if, at the first opportunity,[…]

A Bull Market in Populism and De-Globalization

By Lewis Johnson - Chief Conclusion We expect that the upcoming Presidential election in the U.S. may add further evidence supporting the growth of a powerful and global bull market in populism and its corollary,[…]

The Potential Rise of Systematic Risk?

By Lewis Johnson - Chief Conclusion The 54% drop in the share price of Deutsche Bank (DB) in the last year raises questions about the health of our financial system. Shareholders at many other thinly capitalized[…]

Icarus Falls: The Gold/Silver Ratio Breaks Down

POSTED ON July 14th - POSTED IN Gold, Thinking About the Future

By Lewis Johnson - Chief Conclusion Expect the ongoing bear market in confidence in central bankers and their minions to power a long and enduring bull market in gold. They are, in fact, one and the same thing. A[…]

VIDEO: Brexit Driven Volatility: How Serious?

POSTED ON June 29th - POSTED IN Video Commentary, Thinking About the Future

By Lewis Johnson - Brexit Driven Volatility: How Serious? Click to play the video below to listen to our discussion on the fallout of the Brexit vote, its impact on the economy, and steps you can take to protect your[…]

Lewis Johnson
Chief Investment Officer

Author of Trends & Tail Risks

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